It’s been well documented that a massive wealth transfer is taking place globally, with an estimated $1 trillion in Canada alone moving to the next generation. If you’re expecting (or recently received) a sizeable inheritance, deciding what to do with it can be overwhelming.

History has shown that investing is a proven way to grow long-term wealth. It also entails some risk because markets don’t move higher in a straight line indefinitely.

To help investors better understand their investing options, investment products are generally grouped by category – often referred to its “asset class”. Assets within the same asset class tend to behave similarly and are subject to similar rules and regulation.

RRSPs, TFSAs and RESPs are all great savings tools to help you plan for the future. We can help you figure out which one is best for you.

Amid headlines about interest rates, inflation, and possible economic recession, there is often discussion about stocks heading into “bear market” territory.

You want to ensure your financial future, right? If you’re looking for ways to grow your registered retirement savings plan (RRSP), we have ten great tips below that can help.